Showing posts with label STI. Show all posts
Showing posts with label STI. Show all posts

Thursday, 15 June 2017

Genting Singapore (STI : G13.SI) - Sign of Weakness ?

Weekly Chart of Genting Singapore.

Daily Chart of Genting Singapore.

Note : S-Trader indicators/tools is not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us.

Source : 
1) Metastock

Monday, 15 May 2017

Genting Singapore (STI : G13.SI) - Genting Singapore Q1 net profit skyrockets 17 times

Genting Singapore's Q1 net profit for 2017 was 16.7 times higher than in the first quarter of 2016, standing at S$181.1 million for the quarter ended March 31, it reported on last Friday (12 May).

More news, Genting Singapore Q1 net profit skyrockets 17 times
 
Weekly Chart of Genting Singapore.

Based on the past 2 quarters earning release, the positive results drove the share price.On the chart, the 2 quarters earning released date been stated on the affected trading week.

On 3 Nov 2016, Straits Times reported earnings at casino operator Genting Singapore more than doubled during the third quarter despite a slimmer revenue.

Net profit for the 3 months ended Sept 30, 2016 rocketed to $106.9 million, compared with the $37.2 million in the same period a year ago.

Detailed news, click below link :
Genting Singapore reports surge in Q3 earnings, surprises with interim dividend payout

Genting Singapore swung into the black with a net profit of S$159.19 million for the fourth quarter ended Dec 31, 2016, compared to a net loss of S$7.75 million a year ago, as reported by Business Times on 22 Feb 2017.

More news, Genting Singapore in the black with Q4 profit of S$159.19m

More upside for the share price with the recent positive news ? 


Source :
1) Metastock
2) www.straitstimes.com
3) www.businesstimes.com.sg
 

Sunday, 19 June 2016

52-Week High / Low - Wrap Up

After looking at several indices - Dow Jones Industrial Average (DJIA), S&P500, Hang Seng Index (HSI) and Straits TImes Index (STI), it's quite fascinating to see how this strategy turns out on indices from different regions.

From the look of it, the market actions is quite like what been stated in our earlier blog topic "Introduction - 52-Week High / Low" posted on 7 May 2016.

 
When the market exceeds its 52-week high or low, it is not necessary the market actions continue it's preceeding direction but it may reverses.

Seeing that, it makes the analysis more challenging if one to use solely this strategy.


We also noticed the huge opportunities miss when one applies this strategy. Take a look at the chart below. 

(Posted earlier on 15 May 2016 under "52-Week High Low Case Study - Dow Jones Industrial Average (DJIA)").


During the US Subprime Mortgage Crisis, it made a low of 6,469.95 on 6 March 2009 and the market rebounded to 52-week High of 10,228.20 on 9 Nov 2009. 

A total of 3,758.25 points gained from the rebound.

Another example of chart (attached below) with huge points gained from the rebound in comparison to the 52-week High break out.



Big Fat Rabbit !
Huge opportunities not to be missed for long position traders.


Source : 
1) Metastock

Wednesday, 1 June 2016

52-Week High/Low Case Study : Straits Times Index (STI)

Before we wrap up on this topic, we take a final look on another Asian market - Straits Times Index (STI).

52-week Low




52-week High



Source :
1) Metastock